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Search Results 0 to 7 of about 8 (some duplicates have been removed)
of that part of the savings that the majority leader reid hopes to get is from the war in afghanistan and iraq beginning to wind down. and the cbo has looked at that and said there's a trillion worth of savings that's not real savings because everybody knows the war will wind down. when you look at it as i see it harry reid's proposal is about $950 billion worth of savings. john boehner is $917. quite similar. not the 2.2 or 2.4 that's being talked about. so we do have to do more in term of the immediate cuts in order to extend it for the period of time the president would like. the alternative is this two step process. a trillion dollars now and then have this special committee that would meet and report by the end of november and then there would be additional savings under the boehner proposal. that's almost $2 trillion additional savings, 1.1 trillion. >> the president says he doesn't want to have another formal vote next year and put the country through this ordeal once again right in the middle of elections. he has a point there, right? >> well, wolf, he doesn't have much a point of putt
who are killing u.s. troops in afghanistan. this is the story that's just coming in. and how much are house democrats willing to give to raise the debt limit? i'll ask the democratic party chairwoman about possible cut. she's walk into "the situation room" right now. congresswoman, stand by. >>> the clock is ticking towards a possible default of the nation's debt. the democratic party chair in the congress certainly has a lot op her plate right now with the debt crisis. everything else, as well as a very, very strong verbal showdown with a republican colleague of hers from florida. she's here in the situation room. congressman, thanks very much for coming in. let's talk about substance first and then you can talk about this riff you have with this congressman. the gang of six is out with a plan. the president warmly embracing it, even though there are cuts in medicare for the elderly included. is this something you can live with? >> well, i think the really good and big news out of that gang of six is prose sal is that there are finally republicans, particularly in the senate that
were meant to go to taliban militants in afghanistan. one indictment describes a heroin deal that have grew into a $9.5 million arm sell. an ooatheist group is suing to block the display of the world trade center cross. they say the cross display is, quote, an inpermissible mingling of church and state. it consists of two steel beams. it was found in the wreckage and moved to the memorial on saturday. and one year after the worst oil spill in u.s. history, bp's bottom line is pretty good. the company announced $5.3 billion in second quarter profits. that's a $22 million turnaround from the same period last year. $22 million swing the other way. and now they're posting $5 billion profit. >> a lot of people are going to be looking at the second quarter profits. >>> player or spectator? the president's changing role in the debt talks and whether he can really be sidelined plus, fast and furious. why a controversial gun program is sparking new outrage today in congress. you see, airline cres promise flights for 25,000 miles, but... [ man ] there's never any seats for 25,000 miles. frustrat
the savings would come from iraq and afghanistan and don't materialize and votes on a balanced budget amendment but what the democrats reviews to do is tie an increase in the debt ceiling to passing the balanced budget amendment. you can see the rough outlines of a deal. any deal would have to go back to the house. would these conservatives especially tea party members that speaker boehner had to make concessions to, what would they do if it comes back monday night just hours before the deadline, would they vote for that? >> 201 votes in favor of this legislation. right now 196. take a look. as of now 12 republicans have bolted from the leadership from john boehner, the speaker, and eric cantor the majority leader and right now 12 republicans have voted against and still not there. 216. there is still plenty of time left. nine minutes plus for this vote to conclude. it's a fascinating development as you say. by the way, we're told john boehner was mulling around and didn't seem overly concerned but it is still not a done deal yet. once this does pass, john, assuming it passes, gets 21
Search Results 0 to 7 of about 8 (some duplicates have been removed)